Shelbourne Global Solutions

Hartford mayor pushes revaluation delay amid rising home prices, declining office values

With office vacancies topping 31% and home prices up nearly 30% since the last revaluation, Mayor Arunan Arulampalam says a one-year delay could help shield Hartford homeowners from a disproportionate tax burden shift.

🔒Amid market struggles, several of Hartford’s large office towers could exit foreclosure

Constitution Plaza, Metro Center and City Place I are among the distressed properties moving toward resolution, with potential sale prices expected to establish the first clear post-pandemic benchmarks for downtown Hartford office values.

223-unit Hartford apartment building, converted from hotel, hits market at $55M

Former Hartford hotel turned 223-unit apartment building up for sale at $55M
ADVERTISEMENT

Latest Stories

More Business News

Movers & Shakers

More Movers & Shakers | Submit an Announcement
ADVERTISEMENT

Thought Leadership

More Thought Leadership

Career Opportunities

Chief Financial Officer

Hoffman Auto Group
,
East Hartford, CT
$250,000.00 - $400,000.00

Project Development/Sales

Borghesi Building & Engineering, Co., Inc.
,
Torrington, CT
Base salary plus commission. Range $70,000-$170,000 per year.
More Jobs | Submit a Job
More Events | Submit an Event